Total employees
(2023 = 53,000+)
increase
from 2023
(2023 = 53,000+)
increase
from 2023
We acknowledge the significance of diversity, equity & inclusion (DEI) in our long-term development and success. We believe fostering a diverse, equitable, and inclusive work environment cultivates a workplace where diverse perspectives stimulate innovation among our employees, attracts and retains talent, and unbiased decision-making fuels the prolonged growth of our business.
By the end of 2024, the Group employed approximately 57,000 people, a 6% increase from 2023. 88% of our people are based in Hong Kong and the Chinese Mainland. Our Beverages and Aviation divisions are our biggest employers.
In 2024, our diversity, equity, and inclusion (DEI) efforts continued to pay off. Female representation on our Board increased from 30% in 2023 to 33% in 2024. Swire Properties has exceeded their goal for women at the Strategic Leader level, and HAECO and Swire Coca-Cola have made notable progress in increasing women in strategic leadership.
Four of our operating companies completed a comprehensive diversity, equity, inclusion and belonging (DEIB) assessment which was initiated in 2023. Based on the insights and benchmarks from this assessment, multi-year DEI roadmaps are being implemented by each of the operating companies. These roadmaps will work as compasses to further enhance DEI within the Group and cover various aspects of the employee lifecycle, supporting our existing strategic DEI framework.
We remain committed to leveraging data and employing social research methodologies to strengthen our capacity in integrating DEI principles into our daily business operations and enhancing the workplace experiences.
To progress our agenda, we have a strategic framework translating our DEI commitment into action. This framework includes three overarching goals, five key focus areas, and six pillars. These encompass critical aspects including promoting employee engagement, attracting and managing talent, fostering an inclusive culture, measuring our progress, and sharing our achievements externally.
The Swire Diversity and Inclusion Steering Committee (DISC), jointly chaired by the CEO of SEAHKT Operations of Swire Coca-Cola and the People Director of John Swire & Sons (H.K.) Limited, provides guidelines about diversity and inclusion to the Group and formulates policies designed to promote a diverse workforce and an inclusive working environment for all Group employees.
“Our Diversity Equity Inclusion and Belonging (DEIB) assessment, completed in 2024, has provided a solid foundation for creating DEI roadmaps for each operating company, which will ensure that DEI initiatives and Key Performance Indicators align with our key business priorities.”
We believe in creating an environment where people feel comfortable at work and able to realise their full potential. Our Human Rights Policy sets out our expectations on DEI, employment, health and safety and reporting. We have implemented a range of inclusive policies including the Flexible Working Policy and Respect in the Workplace Policy, which along with our Human Rights Policy prohibits discrimination and harassment. Anti-discrimination and harassment training is mandatory for all employees during onboarding.
Breaches of our policies can be reported to the People department, to the relevant line manager, through EthicsPoint (a third-party service provider), or through one of three dedicated email accounts for investigation and remediation.
Further information on our reporting and investigation guidelines are available in our Respect in the Workplace Policy.
As part of our ongoing commitment to promoting inclusivity, we are actively seeking feedback from employees to assess the effectiveness of these policies and identify additional measures to enhance inclusivity within the Group.
All Swire Pacific sustainability related policies are available on our website. A list of those related to People is provided at the end of this section.
Fostering diverse representation across all levels of our workforce is paramount in cultivating an inclusive work environment. In line with our dedication to promoting gender equality, we had established ambitious targets of attaining a 30% representation of women in strategic leadership roles and our Board by 2024.
Swire Properties also had targets on gender diversity in strategic leadership and gender pay ratio, while Swire Coca-Cola and HAECO actively pursue equitable and inclusive workplace strategies. Further information is available in the sustainability reports of these companies.
Gender pay gap refers to the difference between the mean basic pay for men and women, expressed as a percentage of men's average earnings. It is calculated by subtracting the average female salary from the average male salary and then dividing it by the average male salary.
As of the end of 2024, the overall gender pay gap was -7%, indicating that women received, on average, 93% of the pay earned by men. Women in strategic leadership positions received 93% of the average pay earned by men in such positions. Women in operational management roles received 99% of the average pay earned by their male counterparts. The corresponding percentage for team leaders was 102%.
Although we ensure equal pay for men and women in the same roles, the existence of a gender pay gap emphasises the importance of taking further action to support and empower women in their career advancement. To address this, we place significant emphasis on fostering diversity, equity, and inclusion at every stage of the employee life cycle.
Swire Pacific is dedicated to fostering an inclusive workplace where all employees can thrive and succeed, regardless of their age, gender, gender identity, disability, ethnicity, or sexual orientation.
In 2024, our operating companies completed a comprehensive diversity, equity, inclusion and belonging (DEIB) assessment which was initiated in 2023. As part of this, numerous interviews and focus groups were conducted to capture the employee experiences across the Group.
In addition to DEI surveys, most of our operating companies also carry out annual employee engagement surveys and pulse surveys to collect employee feedback and measure the overall engagement levels.
HAECO’s dedication to fostering a diverse and inclusive workplace was externally recognised in 2024.
Each of its employee-led DEI networks (gender, disability, ethnicity, age and sexual orientation) serves a clear purpose, and initiatives are shared and discussed in an internal quarterly DEI committee meeting, attended by strategic leaders, including HAECO’s CEO. The close collaboration between employees, HR, the Group DEI team, and senior leadership ensures that the initiatives are strategic and align to business objectives.
In 2024, HAECO’s comprehensive approach was awarded the prestigious Grand Award for Diversity and Inclusion at the Hong Kong Institute of Human Resource Management (HKIHRM) Awards. HAECO also received awards at separate events for disability-friendly employment, excellence in DEI, and employer branding.
We pledge to narrow the gender gap at all levels.
Our aim is to cultivate a workplace that values and promotes gender equity, employee wellbeing and empowers women to thrive and contribute to their fullest potential. We actively demonstrate our commitment to gender equity through initiatives, internal events, and collaborations focused on promoting gender equity, and dismantling barriers and biases that have hindered women's full participation in the workforce. In 2024, our initiatives ensure that women have equal access to opportunities for career growth, skill development, and leadership positions.
This year, we celebrated International Women’s Day (IWD) across the Group with the theme "Inspire Inclusion." The Swire Women’s Network partnered with Junior Achievement Hong Kong to support their mentorship programme, providing 21 talented female students from eight tertiary institutions with mentors from across the Group. The mentees gained valuable experiences and received insightful career advice.
Swire Properties partnered with the Taikoo Women’s Inspire Network (WIN) to organise a mentorship programme supporting emerging female leaders, particularly those with management experience aspiring to leadership positions. Taikoo WIN also hosted several events including a panel discussion titled “Managing Life-Changing Experiences and the 9 to 5”, where women shared their personal stories.
Strategic initiatives with a longer-term view are being implemented to achieve equitable outcomes. In Cambodia, Swire Coca-Cola showcases the success stories of young women leaders within the company on posters and at external career talks that resulted in an increase in applications from female candidates, and a 6% rise in female hires.
HAECO's Women's Network organised various events throughout the year. It held "Talk to Female Leaders" sessions across its markets. In Chinese Mainland, “Casual Dialogues: Women in Conversation” has become a recurring event where women discuss managing careers and family commitments. The USA HAECO team participated in the “Girls in Aviation Day 2024”, hosting workshops and interactive demonstrations showcasing diverse aviation roles with the aim of encouraging future female engineers to join the aviation industry.
Most of our operating companies have Male Allies networks that promote gender balanced values and behaviours, as well as programmes to improve men’s well-being. At Swire Resources, Taikoo Motors and Taikoo Sugar, the International Men’s Day is celebrated annually to encourage dialogue and awareness around men’s mental health issues.
“Cross-Generational Communication” is fundamental aspect of Swire Coca-Cola’s management philosophy. Consequently, fostering a feedback culture where everyone feels heard is important and demonstrated through various initiatives.
In Vietnam, “Generations Dialogue” was introduced three years ago and has since gained significant popularity and credibility within the business. This initiative provides an online platform for all generations to engage in meaningful conversations that promote workplace inclusivity. By fostering dialogue across different age groups, the initiative aims to enhance mutual awareness and understanding, thus encouraging collaboration and alignment with organisational goals. The success of this platform is evidenced by internal teams actively seeking direct feedback from participants before launching broader promotional campaigns.
In Cambodia, an “Employee Voice Box” was established in 2023 to facilitate feedback to management. This online feedback channel allows employees of all ages to share their ideas on improving the workplace and fostering an open culture. Since its inception, over 400 submissions have been received, with 80% of them resolved.
This year, Swire Properties launched an employee support group for working parents in Hong Kong. The aim of this group is to create an engaged and intimate community where working parents at Swire Properties can learn from one another, sharing parenting knowledge and experiences, while also fostering an inclusive and supportive workplace environment.
The Working Parents Group is open to all working parents across Swire Properties, equivaling nearly 30% of its workforce in Hong Kong. An internal pre-launch survey suggested that the main difficulties faced by working parents was worrying about not spending enough time with their children, balancing family commitments and work and navigating their children’s emotional and overall development. In addition to providing parents with a supportive forum, members can look forward to a range of activities, covering initiatives for expecting parents as well as for families with children up to secondary age.
We pledge to create an age-neutral and multi-generational workplace.
We have made significant efforts to establish an age-neutral and multi-generational workplace by implementing a diverse range of aging-friendly initiatives across the Group and enabling intergenerational connections and mutual learning.
The Generations Dialogues Programme introduced by Swire Coca-Cola in Vietnam and primarily hosted by its Gen Z associates, aims to bridge generational gaps within the Company by encouraging the exchange of knowledge, skills, and experiences across different age groups. In Cambodia, an “Employee Voice Box” facilitates feedback to management. This online feedback channel allows employees of all ages to anonymously share their ideas on improving the workplace and fostering an open culture. Since its inception in 2023, over 400 submissions have been received, with 80% of them resolved.
At HAECO, significant efforts ensure a culture welcoming to all ages. The CrossGen Network aims to make everyone feel heard, raise awareness, and promote inclusivity and employee wellbeing.
Swire Resources, one of our T&I businesses, has introduced a programme to re-engage former employees post-retirement. This initiative has the co-benefits of supporting individuals in their transition to life after work, while facilitating knowledge transfer in the business by allowing these individuals to utilise their extensive skills and experience.
We pledge to build a workplace where people of all ethnic and cultural backgrounds are respected and encouraged to collaborate and contribute.
Swire Pacific and our operating companies proudly stand as a signatory to the Racial Diversity & Inclusion Charter, initiated by the Equal Opportunities Commission in Hong Kong. Through our endorsement of the Charter, we affirm our dedication to promoting equal employment opportunities for ethnic minorities and fostering a culture of racial diversity within the Group.
We actively engage in partnerships with NGOs to uplift the wellbeing of ethnic minorities, as exemplified by our provision of job and internship opportunities aimed at supporting and empowering the community. Employee networks form an important part of many of our operating companies’ DEI strategies.
In 2024, we invited The Zubin Foundation to hold a talk on ethnic minorities and the challenges they often face in Hong Kong. Ethnic minorities were also the focus for the International Women’s Day, where Swire Trust and the Group DEI team co-organised three activities that focused on inspiring inclusion.
Swire Pacific and HAECO joined the first Racial Diversity & Inclusion Recruitment Fair launched by the Equal Opportunities Commission and Federation of Hong Kong Ethnic Communities. The fair aims to change the perception about the skills that our ethnically diverse communities can provide for the local job market.
We pledge to increase the accessibility of the workplace to create a comfortable environment for everyone.
We are dedicated to creating an inclusive workplace that embraces disability inclusion, ensuring equal employment and advancement opportunities for individuals with disabilities, while actively striving to eliminate discriminatory practices. The Group, along with several of our operating companies, has been recognised as CareER Disability Inclusive Employers during the CareER1 Disability Inclusion Index Forum.
We place significant emphasis on empowering individuals with disabilities through inclusive recruitment practices and comprehensive job training initiatives. For International Day of Persons with Disabilities (IDPD), CareER supported us in organising two separate events. The Group and three of our operating companies actively participated in CareER's Inclusive Recruitment Fair 2024, engaging with candidates with disabilities. The event provided valuable insights into individuals’ career aspirations while exploring potential employment opportunities within the Group.
Separately, colleagues across the Group were welcomed to join a “Human Library”, where invited guest speakers shared their unique stories and experiences of living with a disability in Hong Kong. While our colleagues heard about the daily challenges and barriers faced by people living with disabilities, they also learnt about the innovativeness, determination and strength demonstrated by the guest speakers to overcome such barriers.
Some of our operating companies have introduced employee network groups that specifically focus on supporting disabilities in the workplace.
Swire Properties’ hotels continued their collaborations with NGOs to foster equal opportunities for students. The Upper House collaborates with the Hong Kong Down Syndrome Association (“HKDSA”) on its UPSTAIRS Programme, providing trainees the opportunity to receive practical training and gain hands-on experience at the hotel for one month. EAST Hong Kong collaborates with the Jockey Club Sarah Roe School (“JCSRS”) on their annual student vocational training and work experience programme. JCSRS is the only English Schools Foundation school in Hong Kong catering to students with learning disabilities.
HAECO’s Ability Allies is a network that aims to actively promote disability inclusive workplace behaviours and values through employee engagement, and to enhance the accessibility of the physical working environment for all HAECO employees.
We pledge to create an inclusive environment where individuals can bring their full selves to work without fear of discrimination or recrimination.
We focus on inclusion through various initiatives aimed at creating a safe, inclusive, and affirming workplace for all employees.
In 2024, we twice partnered with PrideLab, a Hong Kong registered NGO, to organise LGBTQ+ events. The first, “Human Library”, encouraged employees across the Group to engage with, and learn from, individuals of diverse LGBTQ+ backgrounds. The event provided insight into the many challenges faced by the LGBTQ+ community in Hong Kong and beyond. The second was a screening of the Hong Kong movie “Twilight Kiss”, followed by a Q&A session which included hearing from one of the actors.
Numerous activities were organised across the Group to visualise our allyship with the LGBTQ+ community during Pride Month. Swire Properties organised weekly events to show their support for their LGBTQ+ community and to celebrate an inclusive workplace. Altogether, more than 100 colleagues from different offices and departments took part in these activities. In Miami, Brickell City Centre proudly hosted the “Freedom to Express” programme, a month-long series of events that attracted more than 1,500 attendees
Swire Resources launched an online training video for their employees, with the aim to promote equal justice and equal opportunities for all genders.
Most of our operating companies also celebrate Pink Friday in November. This annual event gives visible support to the LGBTQ+ community and celebrates the importance of inclusive and diverse workplaces. Employees across the Group were encouraged to wear pink to raise awareness, with operating companies hosting events including yoga and mixology events at Swire Properties and Swire Coca-Cola, respectively, and a Pink Friday-inspired “pink menu” was created in collaboration with two of Swire Properties’ F&B tenants in Hong Kong.
1. CareER is a Hong Kong based non-profit registered organisation.
Our commitment to DEI is not just a moral imperative but also a strategic advantage that will help us achieve sustainable growth and success in the years to come.
In 2025, our aim is to integrate DEI further into our operating companies, benefitting our people, customers and communities. Ensuring that all our DEI initiatives are strategically aligned to our business agenda will be a key priority. An important part of this is to foster employee belonging in our workplaces and therefore, at a Group Level, we will review inclusion metrics and consider how we may introduce these to track our progress.
Our operating companies will continue to refine their individual DEIB roadmaps and start actioning aligned initiatives, which will further strengthen and promote DEI across the Group.
Health and safety is a top priority for Swire as we strive towards our aspirational goal of achieving zero harm. This objective underpins our philosophy to health and safety management.
We aim to conduct our operations in a manner which safeguards the health and safety of our employees, contractors, suppliers, customers, the visitors to our business premises and the communities in which we operate. Protecting our workforce is fundamental to our businesses achieving their long-term success and sustainability.
The group, and each of its subsidiaries, has an occupational health and safety policy that is monitored by our internal audit department.
We focus on the following key areas:
Achieving zero harm depends on a strong safety culture in which employees are responsible for the safety of others and themselves. We aim to identify and manage potential hazards by conducting regular safety audits and reporting all incidents, including those considered to be minor so that we can share and learn from them. We also encourage reporting of near misses so that potential hazards can be identified and mitigated.
Our first line health and safety committee is responsible for developing group health and safety policies and guidelines, monitoring divisional performance, promoting education and training, sharing lessons learned, best practices, and developing internal health and safety capabilities.
As part of our risk governance arrangement, a risk forum is in place to oversee human resources and health and safety related risks. This forum provides a platform to identify emerging risks as well as opportunities to further enhance our health and safety management.
Every division sets annual safety targets and submits a quarterly health and safety report. With a view to continuous improvement in safety performance, every division also sets safety metrics for a 10 year period and these metrics are updated annually. At every Group Risk Management Committee (GRMC) and Board meeting, there is an update on health and safety performance. A separate working group focuses on health and safety in the Chinese Mainland, where regulations frequently change and vary between provinces.
Safety leadership is key to a strong safety culture. Adequate knowledge and skills are required to manage health and safety effectively. Group and operating company strategic leadership receive industry specific and general health and safety training in accordance with our health and safety policy.
“The health and safety of our workforce and partners remain at the heart of our risk management culture and business practice. This year, we have made numerous enhancements to our health and safety practices, reflecting our unwavering commitment to creating safe and supportive work environments.”
We use two metrics to evaluate safety performance:
Lost time injury rates (LTIR): the number of injuries per 100 full-time equivalent employees1
Lost day rates (LDR): the number of work days lost to injuries per 100 full- time equivalent employees
In 2024, our LTIR decreased by 44% to 0.27 from 0.48 in 2023 and LDR decreased by 20% to 15.6. Significant improvements were observed at Swire Properties, Swire Coca-Cola and HAECO. Total hours worked in the Group decreased by 9% in 2024.
Regrettably there was an employee fatality at HAECO Xiamen in 2024. Following full investigation, enhanced mitigation measures were implemented.
1. Number of lost scheduled working days per 100 employees per year [calculated by number of lost-time injuries/number of hours worked multiplied by 200,000]
We expect our contractors to observe high safety standards and centrally track contractor safety data to facilitate continual improvement. Regrettably, there was one work-related fatal accident of a contracted worker in HAECO Xiamen construction site at the new airport. Following thorough investigations HAECO Xiamen has enhanced its contractor safety management protocols.
Technology can help organisations reduce the risk of workplace accidents and improve workplace safety. Safety monitoring, reporting, and training are some of the ways technology can help in this respect.
Swire Coca-Cola is enhancing safety and efficiency across its operations through the launch of a comprehensive Global Digital Environment, Health & Safety (EHS) System.
HAECO is using automation through robotics to reduced manual intervention, mitigating risks associated with heavy lifting and repetitive tasks.
Swire Coca-Cola's Global Digital Environment, Health & Safety (EHS) System integrates various functionalities, including contractor management, risk assessment, incident management, behavior-based safety observations (BBSO), inspections, and business reporting.
The EHS system is designed with customisable features that improve efficiency, reduce data inconsistencies, and monitor project and work progress. It is currently in use across all Swire Coca-Cola markets and is being expanded to all manufacturing sites and distribution centers.
The primary goal is to establish centralised procedures, provide real-time data and tracking capabilities, and equip employees with the tools needed to effectively manage safety risks. By doing so, Swire Coca-Cola aims to foster a safer work environment and ensure consistent safety practices across all locations.
This innovative system demonstrates Swire Coca-Cola's commitment to safety and operational excellence, setting a benchmark for the industry.
HAECO Hong Kong is revolutionising materials management by integrating Autonomous Case-handling Mobile Robots (ACR) into their warehouse operations. This cutting-edge technology not only enhances workplace safety but also boosts efficiency.
Recently, HAECO expanded its robotics system, adding seven new robots and over 4,000 totes, the containers used to store and transport materials. This advanced system is managed by an intuitive in-house application, ensuring smooth and user-friendly operation.
Early results from the implementation show a marked improvement in the safety and reliability of warehouse processes, setting a new standard for materials handling.
Our Zero Harm commitment requires everyone, regardless of seniority or job responsibilities, to go beyond compliance, proactively eliminate potential hazards, and create a safe workplace. Health and safety reviews are conducted at our operating companies and results reported to the Audit Committee. Division heads have pay-linked safety performance objectives.
Swire Properties, Swire Coca-Cola, HAECO, Swire Waste Management, and Taikoo Sugar have safety management systems that are certified to the stringent ISO 45001 standard.
The significant incident investigation framework, HAECO Investigation Process (HIP), was introduced to facilitate efficient adaptation across all HAECO entities.
The new framework was designed to expedite learning, as well as risk and change management. The HIP was assessed as a case study at the world's foremost authority in benchmarking, best practices, process and performance improvement in the USA and passed benchmarks for industry best practices.
The HIP encourages formation of a diverse and independent investigation team of HAECO's dedicated staff, bringing together strengthened and simplified solutions, which can be adopted more effectively with significant improvement in reporting quality.
Swire Coca-Cola implemented a company-wide integrated digital H&S system, enabling all regions to effectively manage daily safety activities, incident reporting and enhance overall safety performance.
HAECO continued to use Behaviour-based Safety Observation (BBSO) to identify and address unsafe acts and to embed safety into day-to-day operations.
Swire Properties launched a Deep Dive Safety Inspection Programme across its operations to identify and address potentially serious hazards and to raise safety awareness. Design for Safety was also included into its Development Charter as a preventative strategy to remove hazards before they are introduced to the workplace via adoption of safe design principles. Design for Safety is a safety requirement for new projects and major alteration works.
We have a crisis reporting policy and crisis management guidelines, which help to build business resilience through crisis preparedness, business continuity, and disaster recovery planning. Reporting and information exchanges within the Group have improved, facilitating a faster response and recovery.
We care about the mental and physical health and wellbeing of our people. We havev 24-hour professional personal counselling and consultation (PPCC) hotlines to help employees deal with stress, relationships, parenting, trauma or grief, and preparation for retirement. We use experienced counsellors, social workers, and clinical psychologists to provide confidential professional advice and guidance. We promote work-life balance and encourage employees to lead active lifestyles by participating in our staff association's physical wellbeing programmes and wellness events covering topics such as mental health and financial planning. Additionally, we offer wellness dollars, which provide employees with financial support to engage in wellness-related activities and resources.
Many of our businesses ran campaigns to promote employee wellbeing and to help our people feel more connected to the company and to each other.
We will continue to promote across the Group a proactive and preventative health and safety strategy with a structured approach to post incident investigation and in-depth analysis of the root causes of incidents. We will maintain our focus on contractor safety performance which we see as integral to the overall safety of our businesses. Where appropriate we will look for more opportunities to adopt technology which helps us eliminate risks and improve our overall health and safety performance. We will continue to monitor and assess emerging health and safety risks through the Human Resources, and Health and Safety risk forum.
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